Hsbc Holdings PLC lifted its stake in Okeanis Eco Tankers Corp. (NYSE:ECO – Free Report) by 123.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 178,056 shares of the company’s stock after buying an additional 98,528 shares during the period. Hsbc Holdings PLC owned about 0.55% of Okeanis Eco Tankers worth $5,692,000 at the end of the most recent reporting period.
Separately, Susquehanna International Securities Ltd. acquired a new position in Okeanis Eco Tankers during the first quarter worth $210,000.
Okeanis Eco Tankers Stock Up 1.1 %
Shares of NYSE:ECO opened at $33.06 on Tuesday. The company’s fifty day moving average is $31.04 and its 200-day moving average is $31.59. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.23 and a current ratio of 1.48. Okeanis Eco Tankers Corp. has a 52 week low of $23.05 and a 52 week high of $36.69. The company has a market capitalization of $1.06 billion and a PE ratio of 7.89.
Okeanis Eco Tankers Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st were given a $1.10 dividend. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $4.40 annualized dividend and a yield of 13.31%. Okeanis Eco Tankers’s payout ratio is 105.01%.
Okeanis Eco Tankers Profile
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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